Regulatory environment - New DHS Law?

Does anyone have any information on an act working its way through the US Senate. It’s the:

Department of Homeland Security Assessment of Terrorist Use of Virtual Currencies Act? HR2433. Passed by the House but looks to be currently stalled in the Senate. I’m guessing it’s acronym is ATUVCA. I am presuming that DHS is enforcing it even though it has not gone before the president for signature. Any Lawyers out here who would care to comment?

Sounds brand new. It will obviously augment KYC, AML, Patriot Act, and the BSA.

Welcome to the regulatory/ enforcement environment!

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